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The table below shows hypothetical data for volumes of e-books and hardcover books sold over a 3-year period in a particular city.
TABLE 2-3
-Refer to Table 2-3.Suppose we choose Year 1 as the base year and construct a series of index numbers with which to analyze the sales data.The index numbers for volumes of e-books sold (starting with Year 1) is
Low Market Shares
A situation in which a company or product holds a small percentage of the total sales in its relevant market.
Low-Growth Markets
Markets characterized by minimal increases in consumer demand or market size over time.
Stars
High-growth, high-market-share products or business units in the Boston Consulting Group matrix, indicating they have potential to generate significant revenue.
Growth
An increase in some quantity over time, such as economic growth which refers to an increase in the market value of goods and services produced by an economy.
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